The December, 2015 Gaming Revenue Results were released by the New Jersey Division of Gaming Enforcement (NJDGE) at 2:00 PM, Wednesday January 13, 2016.
Online Gaming Contribution cracked a milestone, and the brakes have been applied to the Atlantic City downward spiral, for now. But, this afternoon a story is breaking that the New Jersey legislature wants to takeover or bankrupt Atlantic City.
Total Gaming Win from the Casino Hotels was $191.7 million in December 2015 compared to $190.5 million December 2014 a minimal INCREASE of only 0.6%.
For the month, Casino Win was $177.6 million, and Internet Gaming Win was $14.0 million, a record high. Internet Gaming in December 2014 was $10.7 million.
2015 December Poker was 14.1% of Total Internet Revenue versus 19.2% in 2014.
2015 December Casino was 85.9% of Total Internet Revenue versus 80.8% in 2014.
ONLINE GAMING RESULTS
The NJDGE official report for December Online Poker revenues vs. November, $1.984 million to $1.913 million, UP by 3.5%. Casino Games were, $12.06 million versus $11.26 million, UP by 6.7%. Total New Jersey Online Revenue was $14.0 million, UP by 6.3%.
The Borgata and Party Poker (including Pala Entertainment) combination continues to lead as the top revenue producing I-Gaming site(s) in New Jersey with a 28.2% share, an almost 3% decrease over last month (Still first in poker, but dropped back to second in casino games after getting the lead in October).
Caesar’s Interactive (CIE) moved up to second place overall with 22.1%, a 0.5% Increase (Second in poker, fourth in casino games).
The Tropicana, with only casino games, dropped to third place overall for the month with a 20.4% revenue share, down from November by 2.1% and fell from first to third in casino games in December.
Golden Nugget/BetFair combination had a huge increase in revenue share from 16.6% to 20.4% in December, rising to 3rd place overall, and leaping to first place in online casino games win category.
RESORTS online casino games held at 9.2% after garnering 9.2% of overall online revenue last month. It is still all quiet on the PokerStars and/or Full Tilt front. Opening date awaits as the NJDGE and Amaya continue to work-out a completion of a repayment schedule for past customers set forth by NJDGE. The anticipated “apparent start date” for January is slipping away quickly as online poker players wait.
The Online Poker Numbers showed Party and Borgata maintaining its edge over Caesar’s/888 for the month – 55.9% to 44.1%, with Caesar’s gaining a miniscule 0.4%.
The Month to Month comparison of Internet Gaming Figures: December 2015, $14.0 million versus December 2014’s $10.7 million, posted another Impressive INCREASE of 30.8%. Online Casino numbers continued to rise with December 2015 $12.07 million versus $8.67 million in December 2014, an eye-popping 39.2% INCREASE.
Total Online Poker revenue for 2014 and 2015 month to month was $2.06 million versus $1.98 million, a DECREASE of 3.8%. It was the NINTH month in a row that New Jersey couldn’t break $2 million in online poker revenue, Borgata and Party however did crack the $1 million barrier for the THIRD month in a row.
BRICK & MORTAR POKER RESULTS
Atlantic City Brick and Mortar Poker revenues continued a trend. No major tournament in town, decreased revenues moved down to $2.29 million versus $2.73 million in November with The Borgata Fall Poker Open. This almost $440K decrease was less than the $500K contributed by the Series.
The Borgata continued a respectable 59.5% of the Revenue Share; Caesars two poker rooms had 27.2% share.
The Tropicana increased to 10%, and the Golden Nugget continues in the basement with the remaining 3.2%. The Taj Mahal remains in the dark, and ended the year closed for poker business.
All in all it has turned out to be a good calendar year 2015 for the New Jersey Online Gaming Industry. Total Online Gaming Revenue in 2015 was $149.9 Million versus 2014 Contribution of $122.9 Million – $27 million, almost 22% INCREASE.
Casino Games – $126.06 million versus $93.81 million, $32.2 million, a 34.3% INCREASE.
Online Poker – $23.85 million versus $29.06 million, $5.2 million, a 17.9% DECREASE.
Unfortunately for the online poker aficionados, poker is going in the wrong direction as they SHOUT for PokerStars! Have a great 2016!